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Island altcoin company launches in South Africa

A Manx-based  cryptocurrency company has opened for business in South Africa.

Coindirect allows people to buy cryptocurrency such as Bitcoin directly from sellers, with trading in more than 30 cryptocurrencies.

It also includes an online wallet service for users.

The company says it plans to launch more altcoin trading this year and expand beyond its current territories in South Africa, the UK, Nigeria, and Kenya.

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